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Raleigh County, WV · Sold

WV-807696

2274 County Road 268

$223,000
$1,127/ac · 198 ac
Acreage198 ac
Price per acre$1,127/ac
ZoningUnzoned
Road accessLandlocked
UtilitiesPower at road
TopographyFlat
ListedSep 4, 2025
Coordinates37.8210, -81.1586
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Raleigh County, West Virginia. Steep timber and hunting acreage; the East's cheapest per acre.

View Raleigh market data →

Step 1 · Is this a deal?

Due diligence

4 items to verify before you offer.

Risk index
42
Moderate risk
Wetlands19.8% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power51 ft away

Power at or near the road.

Buildable area150.73 of 197.84 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$211,184
$169,895$252,473 · $1,067/ac on 198 ac
Asking vs estimate
+5.6%
Priced above the comp set

Weighted from 10 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $223,000
Maximum allowable offer
$120,677
$610/ac · +30.0% target margin

You need $102,323 off asking to hit this margin.

All-in cost$130,935
Net resale$194,289
Projected profit$63,355
ROI+48.4%
Annualized+69.2%
Break-even resale$719/ac
Profit if resale lands off target
-20%
$24,497
-10%
$43,926
0%
$63,355
+10%
$82,784
+20%
$102,213
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
WV-317255
Dirt · Full utilities
143.7Jul 27, 2026$240,9001,6769984.8 mi
85
WV-527989
Landlocked · Full utilities
244.6Mar 20, 2026$261,7001,0709477.1 mi
84
WV-228423
Dirt · Power at road
335.0Jul 27, 2026$325,6009728951.3 mi
81
WV-546599
Gravel · Power at road
89.4Jul 27, 2026$208,1002,3291,2902.9 mi
77
WV-207533
Landlocked · Power at road
175.8Jul 23, 2024$139,8007958364.4 mi
77
WV-357129
Paved · Power at road
131.2Dec 4, 2025$319,0002,4311,2913.3 mi
76
WV-289332
Gravel · Off grid
647.2Jul 27, 2026$750,1001,1591,3171.9 mi
72
WV-907149
Dirt · Off grid
133.1Dec 27, 2025$211,9001,5921,36610.7 mi
70
WV-509008
Paved · Power at road
511.8Feb 25, 2026$508,6009947719.1 mi
67
WV-218670
Paved · Power at road
400.6Jun 22, 2024$512,2001,2799853.8 mi
65
Show adjustment detail for the top comp
  • Tract size (143.74 ac → 197.84 ac)-8.3%
  • Access (Dirt → Landlocked)-20.9%
  • Utilities (Full utilities → Power at road)-18.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.